JPMorgan Chase donates over $1M to Houston-area nonprofits for Covid-19 challenges

JPMorgan Chase & Co. (NYSE: JPM), the largest bank operating in Houston, committed more than $1 million in Covid-19 relief to local nonprofits.

The philanthropic contributions were made to stabilize households and the nonprofits on the front lines of the Covid-19 crisis, according to a May 27 news release. A breakdown of the JPMorgan Chase contributions is as follows:

$750,000 to Houston-based Alliance of Community Assistance Ministries (ACAM) for eviction- and homeless-prevention services to…